The bank, the largest in the United States by assets, is the latest corporation to lay out it plans to spend a windfall from changes to the tax code.Read more ...

JPMorgan raising wages, hiring, expanding

NEW YORK - JPMorgan is boosting wages, opening new branches and hiring thousands of new workers citing improved economic performance and sweeping changes to the U.S. tax code.
The U.S. recently slashed the corporate rate to 21 percent from, 35 percent.
Hourly wages will rise to between $15 and $18 from a range of $12 to $16.50, impacting 22,000 employees. The New York bank will also open 400 new branches and hire 4,000 people in its new U.S. markets, housing and small business divisions. Loans to customers seeking "affordable" homes will rise by 25 percent to $50 billion and it will boost...Read more ...

JPMorgan rolls out $20 billion investment plan after tax law gains

JPMorgan Chase & Co unveiled a $20 billion investment plan on Tuesday to increase wages, hire more, open new branches and expand its business as it takes advantage of sweeping changes to the U.S. tax law and improved regulatory environment.Read more ...

JPMorgan rolls out $20 billion investment plan

JPMorgan Chase & Co unveiled a $20 billion investment plan on Tuesday to increase wages, hire more, open new branches and expand its business as it takes advantage of sweeping changes to the U.S. tax law and improved regulatory environment.Read more ...

JPMorgan Chase is raising wages to as much as $18 an hour as part of a $20 billion investment in its US business

JPMorgan announced a new $20 billion, five-year investment in its US operations Tuesday.
As part of the plan, the bank will raise wages for 22,000 branch and customer service employees to between $15 and $18 an hour.
The bank will also open 400 new branches and hire 4,000 new employees.
JPMorgan Chase announced Tuesday that it's giving pay raises to 22,000 US employees who work in its branches and customer service centers as part of a $20 billion investment in the business that's connected to the company's tax windfall.
These employees will see hourly wages increase to between $15 and $18...Read more ...

JPMorgan Chase is raising wages to as much as $18 an hour as part of a $20 billion investment in its US business

JPMorgan announced a new $20 billion, five-year investment in its US operations Tuesday.
As part of the plan, the bank will raise wages for 22,000 branch and customer service employees to between $15 and $18 an hour.
The bank will also open 400 new branches and hire 4,000 new employees.
JPMorgan Chase announced Tuesday that it's giving pay raises to 22,000 US employees who work in its branches and customer service centers as part of a $20 billion investment in the business that's connected to the company's tax windfall.
These employees will see hourly wages increase to between $15 and $18...Read more ...